Zoetis (ZTS) : Currently there are 8 street experts covering Zoetis (ZTS) stock. The most bullish and bearish price target for the stock is $62 and $45 respectively for the short term. The average price target of all the analysts comes to $53.13. The estimated standard deviation from the target is $5.72.
Zoetis (ZTS) reported a rise of 23.5% or 1,284,497 shares in its short interest. The short figure came in at 1.4% of the total floats. The average daily volume of 3,547,606 shares suggests that the days to cover 6,744,404 short positions, as on June 30,2016, will be 2. On June 15,2016, the short interest was 5,459,907 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Zoetis (NYSE:ZTS). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Jefferies raises the price target from $57 per share to $58 per share. The rating by the firm was issued on June 14, 2016.
Zoetis (NYSE:ZTS): stock turned positive on Thursday. Though the stock opened at $49.62, the bulls momentum made the stock top out at $50.06 level for the day. The stock recorded a low of $49.37 and closed the trading day at $49.98, in the green by 1.61%. The total traded volume for the day was 2,618,327. The stock had closed at $49.19 in the previous days trading.
Zoetis Inc. is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals. The Company markets products across four regions: the United States, Europe/Africa/Middle East, Canada/Latin America and Asia/Pacific; eight species: the livestock species of cattle, swine, poultry, sheep and fish, and the companion animal species of dogs, cats and horses, and five product categories: anti-infectives, vaccines, parasiticides, medicated feed additives and other pharmaceutical products. In addition, its Client Supply Services (CSS) organization provides contract manufacturing services to third parties.